The registration is closed: Art Market Introduction

$883.00 USD

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Course Description

This program offers students a unique opportunity to grasp the complexities of the international art world and its markets and provides the tools to conduct an art market analysis. The goal of this course is to present the art market from an interdisciplinary perspective by analyzing the behavior of its main players, both on the demand (visitors, collectors, corporate) and on the supply side (artists, art dealers, auction houses and fairs). Advice will be given about how best to manage private art collections, providing essential insights on art wealth management, art investment, art governance, and succession planning for art assets. The course alternates between front lessons, practical training sessions, and testimonials with experts and practitioners. Along with external visits, the program provides a singular platform for students to directly learn from and interact with a broad spectrum of leaders in the field, including dealers, collectors, consultants and museum directors.

Objective In detail the objectives are twofold:(1) Acquiring insights into the global art market.The course familiarizes students with the global art market, its size, its actors, how they interact and the market mechanism. (2) Case study.This course is very practical‑oriented. Students will team up and be introduced to a business project in the art world, working in a similar manner to an art advisory service.

Teaching MethodsThe course alternates between front lessons, practical training sessions, and guest speakers. Along with external visits, the program provides a singular platform for students to directly learn from and interact with a broad spectrum of leaders in the field, including dealers, collectors, consultants and museum directors.

Program of the courseThe system of contemporary artThe global art market and the supporting sectorsArt appraisal and variables that affect pricesCollecting: motivations and patterns of consumptionArt patronage and the rise of private museumsAssessing the effectiveness of private museumsArt wealth management for art assets Practice: The world's most expensive contemporary art works

Entry requirements

Advanced level of English language (no translation will be provided).Previous art related experience or education is not required.